WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 163.00

-0.4%

Nov 7 3:59 PM EST

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To: Bhag Karamchandani who started this subject	7/24/2000 10:31:40 AM
From: Cardin Drake	Read Replies (2) of 60323

Larry: The CC guidance was for 20% growth in product revenue in Q3 and 25% in Q4. It was stated rather casually in response to a question. Like Jay, I believe that they were sandbagging. I think they will continue to have 40% per quarter Megabyte growth. In the current climate of undersupply, that will translate to 30-40% growth in revenues and EPS per quarter.(I believe Value Line was talking about an ANNUAL growth rate). I believe that the undersupply situation may continue for another 2-3 years and possibly longer. That is why I am long this stock. I know that you as a veteran Micron watcher are aware of how quickly semiconductor market conditions can change, however. I will check out your HAL3 site, but I seldom make short-term trades. For me this stock is buy and hold until the undersupply turns into oversupply. (Of course this strategy was a little painful as I watched the stock go from 169 to 50.) One of the interesting points to me in the CC was that they had demand for 10 million units(MMC cards) next year for the digital camcorder market and this was a brand new market that was not anticipated 6 months ago. (They only shipped about 3 million cards of all types this quarter) Huge new markets just keep popping out of nowhere. So even though capacity is increasing rapidly, demand SEEMS to be growing even faster.

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